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Ride Radar > Blog > News > Xpeng > Xpeng expects to break even for single quarter sometime in 2025, CEO says
Xpeng

Xpeng expects to break even for single quarter sometime in 2025, CEO says

Last updated: February 7, 2025 6:16 am
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Xpeng, the electric vehicle (EV) maker, is on track to achieve a significant milestone this year – single-quarter break-even. This announcement marks the first time that Xpeng’s management has provided a timeline for reaching breakeven. In an interview with local media outlet LatePost, Xpeng’s chairman and CEO, He Xiaopeng, expressed confidence in the company’s ability to break even for a single quarter in 2025.

The path to profitability for Xpeng has been paved by strong delivery numbers in recent months. In January alone, the company delivered 30,350 vehicles, marking the third consecutive month that Xpeng surpassed the 30,000 mark. This impressive performance represents a 267.88 percent increase from the previous year, despite a slight decline from December’s figures.

Xpeng’s success in the EV market is further highlighted by its recent achievement in insurance registrations. In Weeks 4-5 of 2025, Xpeng emerged as the top new carmaker with 11,100 units registered, reaffirming its position as a key player in the industry.

In the interview with LatePost, He Xiaopeng emphasized the importance of profitability and prudent financial management. He stressed the need for companies to prioritize making money before spending it, rather than relying on external financing. Additionally, He highlighted the significance of overseeing the supply chain as a CEO, citing instances where procurement personnel had deceived him.

He Xiaopeng’s comments on supply chain management resonated with Nio CEO William Li, who acknowledged the importance of personally overseeing this aspect of the business. Li Bin, the founder and CEO of Nio, has set a target for the company to achieve full-year profitability by 2026, underscoring the shared commitment to financial sustainability and operational efficiency among EV manufacturers.

See also  Xpeng ships 2nd batch of G6 SUVs to Australia, opens 1st local flagship showroom

As Xpeng continues to expand its market presence and enhance its operational capabilities, the company remains focused on delivering quality products and driving innovation in the EV industry. With a clear roadmap to profitability and a strong foundation of successful deliveries, Xpeng is poised to make significant strides in the coming years.

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Previous Article China Jan NEV wholesale at 900,000, down 40% from Dec, CPCA estimates show
Next Article Nio 13,863, Xpeng 30,350, Geely 121,071, BYD 296,446
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